Mega Millions jackpot highest in over a year

LANSING, March 1, 2007 – With a huge $51 million jump, the Mega Millions jackpot has grown to $267 million for tomorrow night’s drawing! 

“This is the largest jackpot offered since February 2006.  We’re thrilled to bring this huge prize to our players!” said Lottery Commissioner Gary Peters.

Players have until 10:45 p.m. tomorrow to purchase Mega Millions tickets for the drawing.

If one winning ticket matches all six numbers in Friday’s drawing and the player has selected annuity payments over 26 years, the $267 million jackpot would amount to pre-tax payments of roughly:

  • $10.3 million per year
  • $197,485 per week
  • $28,135 per day

For those who prefer to take their cash winnings up-front, it’s a pretty nice payday as well.  A winner matching all six numbers will take home a check for approximately $158.6 million (before taxes), the estimated present cash value of Friday’s $267 million jackpot!

To play Mega Millions, players pick five numbers and one Gold Mega Ball number or players can mark “Easy Pick” on the play slip and the computer will randomly pick the numbers.  Up to 10 panels per ticket can be played, and each wager is $1.

Mega Millions tickets are available in Michigan, California, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Texas, Virginia and Washington. 

For more information, visit the Mega Millions Web site at: www.megamillions.com.

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